In challenging macro environments, process improvements that power strategic capital allocation are becoming increasingly important. Richard Cheung, CFO at the world’s first 3D robotics supply chain company Attabotics, told PYMNTS that for his business, “the new challenge now is capital allocation — it’s extremely important...
CFO responsibilities are evolving alongside operational advancements and empowering today’s finance leaders to drive holistic growth. “A lot of what the CFO job at a fast-paced, high-growth company entails is helping the rest of the business move fast by making informed decisions that leverage trusted...
Nimbello has launched an accounts payable (AP) automation solution to help firms modernize their processes. The provider of purchase-to-pay cloud software for AP professionals said in a Wednesday (Jan. 25) press release that its latest platform helps businesses scale their finance operations, solidify their vendor...
Software-as-a-Service firms promise to revolutionize B2B. Cloud-based software offerings and products can help enterprises modernize all manner of back-office functions, from accounting to customer relationship management. For the SaaS providers themselves, though, there are some challenges: Internal product teams are tasked with consistently delivering value...
Chaser has launched an application programming interface (API) for its accounts receivable (AR) management tools. With the new Chaser API, small to medium-sized businesses (SMBs) can integrate Chaser’s AR management tools with their enterprise resource planning (ERP), customer relationship management (CRM) or accounting system, Chaser...
Trullion has added new revenue recognition and audit modules to its accounting automation platform. Both modules are powered by artificial intelligence (AI) and enhance accounting transparency, Trullion said in a Monday (Jan. 16) press release. “The accounting world has incredible opportunities for innovation, and the...
Savvy organizations are increasingly turning to the CFO office to drive operational resiliency across departments. In the face of market conditions such as inflation, supply chain disruptions and frothy capital market volatility, the role of finance and accounting teams is expanding to oversee cross-departmental coordination...
The cost realities of unfettered growth have CFOs shifting focus to their organization’s profitability basics. This, as the role of financial teams pivots more broadly to adding organizational value by helping other departments make faster and relevant data-driven decisions. PYMNTS’ Matt Nesto recently sat down...
In many ways, CFOs need to view their company’s operations as a forest rather than individual, departmental trees. This, as companies increasingly look to centralize decision-making processes and streamline their operations in order to provide greater actionable transparency over working capital requirements and other recession-ready...